Business News

U.S. urges others to match its WTO concessions

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Reuters
Reuters - Thu, Jul 24

WASHINGTON (Reuters) - The White House insisted on Thursday that the United States had already made concessions in world trade talks and urged other countries to do so as well.

BOLLYWOOD

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BUSINESS

Target Britain

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SPORTS

On a high!

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BOLLYWOOD

No comparisons

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HEALTH

Staying young

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General

  • Prime Minister Manmohan Singh speaks to the media in New Delhi July 22, 2008. U.S. President George W. Bush and Singh on Thursday discussed the need for leading trading countries to contribute to a breakthrough in the Doha round of world trade talks, the White House said. REUTERS/B Mathur
    Bush, Singh seek progress in WTO talks - White HouseReuters - Thu, Jul 24

    WASHINGTON (Reuters) - U.S. President George W. Bush and Prime Minister Manmohan Singh on Thursday discussed the need for leading trading nations to contribute to a breakthrough in the Doha round of world trade talks, the White House said.

  • Trade Minister Kamal Nath speaks during a news conference in New Delhi July 16, 2008. The future of manufacturing is in low-cost youthful Asian economies, and the United States and Europe should abandon ideas of propping up uncompetitive industries, the minister said on Thursday. REUTERS/B Mathur
    Move over Europe, U.S. - the future is Asia, India saysReuters - Thu, Jul 24

    GENEVA (Reuters) - The future of manufacturing is in low-cost youthful Asian economies, and the United States and Europe should abandon ideas of propping up uncompetitive industries, India's trade minister said on Thursday.

  • Hindu priests perform
    Monsoon rains 33 pct below average in mid-JulyReuters - Thu, Jul 24

    By Mayank BhardwajNEW DELHI (Reuters) - India's annual June-September monsoon rains, vital for rice, cotton, oilseed and corn output, were 33 percent below normal in the past week but are likely to revive in the worst-hit western and southern regions.

  • - Thu, Jul 24

    MUMBAI (Reuters) - Pantaloon Retail India Ltd, the country's top listed retailer, said on Thursday its board had approved a bonus issue of one "Class B" share for every 10 "Class A" equity shares held.

  • IOC buys Yemeni Marib crude for Sep - tradersReuters - Thu, Jul 24

    NEW DELHI (Reuters) - State-run refiner Indian Oil Corp has bought Marib Light crude for September via its monthly tender, traders said on Thursday.

India

International

  • No breakthrough in trade talks: LamyIANS - Thu, Jul 24

    Geneva, July 24 (IANS) Ministers from the member states of the World Trade Organization (WTO), meeting here over the issue of farm subsidy and non-agriculture market access, failed to achieve a breakthrough, WTO chief Pascal Lamy said Thursday.

  • OPEC crude price plummets below $124IANS - Thu, Jul 24

    Vienna, July 24 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped more than three dollars to below $124 Wednesday, OPEC said in a statement Thursday.

  • Sarin's Vodafone faces cornershop revoltIANS - Thu, Jul 24

    London, July 24 (IANS) After seeing off powerful competitors from the boardroom to emerging markets in Africa and Asia, Vodafone's India-born chief executive Arun Sarin is facing a stiff challenge from decidedly unexpected quarters - the humble corner shop.

  • Microsoft reorganizes its online servicesIANS - Thu, Jul 24

    New York, July 24 (DPA) Microsoft Corp. was to reorganize its online services to try to increase focus on its Internet business as the head of its online division was set to leave the company, The Wall Street Journal said Thursday.

  • Canada's top aviation school coming to India to train pilotsIANS - Thu, Jul 24

    Toronto, July 24 (IANS) A Winnipeg-based aviation school, which is first-choice training facility for Indian students aspiring to become pilots, will soon start its training programme in India where the aviation industry continues to soar.

Personal-Finance

  • Inflation dips a bit, touches 11.89 per centANI - Thu, Jul 24

    New Delhi, July 24 (ANI): Inflation rate dipped to 11.89-per cent for the week ended July 12. The inflation has softened somewhat with prices of many essential items either declining or remaining static.

  • - Thu, Jul 24

    New York, July 24 (DPA) US automotive giant Ford Motor Company reported Thursday that it lost $8.7 billion in the second quarter of 2008 amid writedowns in the value of its assets.

  • Gaining streak in equities market endsIANS - Thu, Jul 24

    Mumbai, July 24 (IANS) The Indian equities market saw the five-day gaining rally ending Thursday, and closed in the red. Metal, FMCG, technology stocks were under selling pressure while oil and gas and realty stocks were in demand.

  • Equity markets slip into red early afternoonIANS - Thu, Jul 24

    Mumbai, July 24 (IANS) Indian equity markets slipped into the red Thursday afternoon after opening with a gain. Technology, capital goods and metal stocks came under selling pressure.

  • Markets begin day with profitsIANS - Thu, Jul 24

    Mumbai, July 24 (IANS) The Indian equities market continued its good run on the back of strong global cues and falling crude oil prices Thursday. Banking, capital goods, realty and telecom stocks were in demand at early trade while technology stocks were facing selling pressure.

Markets

  • Rupee breaches 42-mark against US dollarPTI - Thu, Jul 24

    Mumbai, July 24 (PTI) The Indian rupee surged strongly for the second consecutive day after the government won the trust vote and breached 42-level in more than two months amid rising stock

  • Sensex surges over 844 pts at pre-closePTI - Wed, Jul 23

    Mumbai, July 23 (PTI) Powered by the government's trust vote victory, the Bombay Stock Exchange benchmark Sensex surged over 844 points in pre-close trade today, the biggest gain in five months,

  • Rupee ends lower by 5 paise against dollarPTI - Tue, Jul 22

    Mumbai, Jul 22 (PTI) Snapping its four-day winning streak, the Indian rupee today closed lower at 42.

  • Markets upbeat on FM's comments in Par, Sensex up 254 ptsPTI - Tue, Jul 22

    Mumbai, July 22 (PTI) Extending the gains for the fourth day in a row today, the Bombay Stock Exchange benchmark Sensex closed higher by over 250 points to regain the key 14,000 level after

  • Sensex jumps over 345 points in intra-day tradePTI - Tue, Jul 22

    Mumbai, July 22 (PTI) The Bombay Stock Exchange benchmark Sensex today surged as much as 345 points during the intra-day trade as Finance Minister P Chidambaram said economy grew at an estimated


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